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News and Research
Smaller superannuation funds should be considering mergers or heading for the exit, according to a new report which suggests Australia’s optimal number of funds is 15, down from the current 92.
The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building towards far-reaching changes to the superannuation via its Retirement Income Review.
A financial planning and accounting company head has taken the media to task for seeking to tar financial advisers with the one brush when he says the vast majority are trying to do the right thing.
New analysis from KPMG has confirmed the environment is ripe for industry superannuation funds to fill the advice gap left by the exit of the major banks but there is little evidence they are actually doing so.
The Australian Securities and Investments Commission granted class order relief with respect to advisers being required to be members of a code-monitoring body and questions are being asked about class order relief with respect to the FASEA exam extension.
